Purchase process
You have decided to invest in properties in Italy but what next? It is important to have a good understanding of the process when you want to buy a property in Italy, as it will help you avoid some of the most common hazards of home-buying.
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Property 2548
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Condition: To be restored Price P.O.A.
Land: 20000 m²
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Foreclosure Plot of land suitable for construction with a surface of about 20,000 m², located in the Municipality of Teramo, in Gammarana street, bordering on: Via Gammarana, the property of the Nucleo Industriale di Teramo (Industrial Group of Teramo).
The parcels referring to the buildings shall be suppressed at the Land Register further to their demolition (DOCFA procedure).
The indicated parcels shall be subjected to change and/or transformation as well as concerning the whole surface, once the on-going land dividing will be completed.
The land-street strip located on the west side of the parcel 1044 on page 63 ENCL. C, turns out to be a general purpose and service strip for parcel 119 and even for parcel 1044 on page 63 ENCL. C.
The building potential as estimated in the Building/Demolition Permit No. 10054 of April, 9 2009 is 75% of the demolished volume, quantified as 227,068 m², therefore the maximum building volume is 170,301 m², which will be realizable according to the instructions included in the Masterplan card B3 9 – Area of urban integration – Former Area Villeroy & Boch “according to the current Masterplan approved by the bill of the town council No. 75 of August 13, 2008 issued by the Municipality of Teramo.”
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